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Check my work pany Z has 2.8 million shares of common stock authorized with a par value of $1 and a market price of $66.
Check my work pany Z has 2.8 million shares of common stock authorized with a par value of $1 and a market price of $66. There are 1.4 million outstanding shares and 0.35 milion shares held in treasury stock Required: a. Prepare the journal entry if the company declares and distributes a 10% stock dividend. b. Show the effect of the 10% stock dividend on assets, liabilities, and stockholders' equity. 04 | Prepare the journal entry if the company declares and distributes a 100% stock dividend. d. Show the effect of the 100% stock dividend on assets, liabilities, and stockholders' equity. Complete this question by entering your answers in the table below. Required A Required B Required C Required D Prepare the journal entry if the company declares and distributes a 10% stock dividend. (If no entry is required for a transa select "No Journal Entry Required" in the first account field. Enter your answers in dollars and not in millions.) View transaction list Journal entrv worksheet SPrex4 of Next
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